Forecast: Import of Veneer or Ply Sheet of Non-Coniferous or Tropical Wood to Italy

The import of veneer or ply sheets of non-coniferous or tropical wood to Italy is on a steadily increasing trend. In 2023, the actual import value stood at $174.43 million. From 2024 to 2028, forecasted imports show a consistent annual increase from $176.95 million to $187.13 million. The year-on-year growth sees slight increments at approximately 1.48% each, providing a stable market outlook. Over the forecast period, the compound annual growth rate (CAGR) hovers around 1.42%, indicating a modest upward trend in imports.

Future trends to watch for include:

  • The impact of global economic conditions on trade policies affecting wood imports.
  • Potential shifts towards sustainable sourcing and its influence on import volume.
  • Technological advancements in wood processing that might alter demand dynamics.
  • Changes in Italy's domestic demand for construction and furniture that could affect import dependence.

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